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Strike founder Jack Mallers responds to doubts about also serving as CEO of Twenty One Capital.
CoinVoice has recently learned that in response to investor concerns regarding his dual role as CEO of Twenty One Capital, Strike founder Jack Mallers published an open letter on the X platform stating that this move will not affect his commitment to Strike. Mallers pointed out that Strike focuses on the global promotion of Bitcoin payments, while Twenty One Capital is dedicated to developing Bitcoin-native financial tools, with the two mutually extending each other.
He also disclosed that Strike is expected to handle a transaction volume exceeding 6 billion USD in 2024, a year-on-year growth of 600%, with a gross profit margin of 85%. It is projected to achieve a net profit of 8 to 9 figures in 2025. Previously, Twenty One received support from Tether, SoftBank, and Cantor Fitzgerald, with an initial holding size equivalent to 0.2% of the global Bitcoin circulation, ranking among the top five publicly listed companies in Bitcoin holdings.